Credit Cards for College Students

Opening a credit card while you’re still in school is a great idea because it will enable you to build the credit standing required to rent an apartment, lease a car, land certain jobs and sa… show moreve money on loans and insurance premiums after graduation. Student credit cards also tend to be pretty good deals. Banks regard students as profitable future customers, so they are willing to offer them lower fees, better rates and more lucrative rewards than are available to people with limited or no credit. We recommend choosing a card with no annual fee so you can minimize the cost of credit building, making rates and rewards secondary considerations. Rewards are best for people who pay their bills in full every month, while a low rate deal would be preferable for someone who needs a bit of extra time to pay off a big-ticket expense. You can adjust the se… show morearch parameters on the left side of the page to customize the student credit card offers that we display (which include offers from WalletHub sponsors). Regardless of which type of student credit card you decide to pursue, make sure to always pay your bill on time every month in order to begin your credit career on the right foot.show less

Online offer: $200 cash rewards bonus after making at least $1,000 in purchase(s) within the first 90 days of account opening.

Earn 1% back on purchases, 2% back at grocery stores and wholesale clubs and 3% back in the category of your choice (gas, online shopping, dining, travel, drug stores, or home improvement / furnishings) for the first $2,500 in combined choice category/grocery store/wholesale club quarterly purchases.

When your cash rewards balance is $25 or more, you can redeem your cash rewards for a statement credit, a check, or an electronic deposit into a Bank of America® checking or savings account.

Rewards are automatic and do not expire. Go to Online Banking or the Mobile Banking app to change your choice category for future purchases, or it stays the same.

Additional Info

0% Introductory APR for 15 months on balance transfers made within 60 days of account opening.

We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.

† Approval Odds are WalletHub estimates intended to gauge your likelihood of approval for a particular product. Approval Odds are based on WalletHub data and are not provided or endorsed by the lender. Approval Odds are not meant to imply or guarantee that you will be approved by the lender or that credit will be extended.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any issuer.

What are the best credit cards for students?

The best student credit cards don’t charge an annual fee. They also offer lucrative rewards and/or 0% introductory APRs for the first handful of months. Students are well-positioned when it comes to credit cards, you see. Banks are willing to give students better deals than their limited credit experience would ordinarily merit because students have above-average earning potential and years of financial needs in front of them.

Finding the best student credit card for your needs should be easy, then. Just pick your favorite feature from the following list of the offers that our editors have identified as being the best credit cards for college students in 2020.

(Discover offers are not currently available on WalletHub and may be out of date)

It’s important to remember that opening a student credit card is just the beginning. As a student, you must also learn how to manage credit responsibly and how your actions ultimately influence your credit score. Having excellent credit by graduation is a realistic goal, after all, and realizing it could save you a ton of money. You can keep close tabs on your credit score and get personalized money-saving tips by signing up for a free WalletHub account.

Questions & Answers

Comparing student credit cards can be tough. But you’ve got the knowledgeable WalletHub community on your side. We encourage everyone to share their knowledge while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institution’s responsibility to ensure all posts and questions are answered....show moreshow less

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No, there is no Amazon student credit card. The easiest Amazon credit card for students to get is the Amazon Store Card, which requires at least fair credit for approval. It gives 5% cash back on Amazon purchases to cardholders with a Prime membership. And there’s a special version of Amazon Prime for students, which costs $6.49 per month or $59 per year when paid upfront. That’s up to 50% less than the price of a regular Prime membership, with all the same benefits (you just can’t invite members of your household to share the membership). The first 6 months of Prime Student are a free trial too.

For students who buy a lot from Amazon, an Amazon Store Card plus a Prime Student membership could be a beneficial plan. If you have limited or no credit, however, you need to start somewhere. And the best student credit card for Amazon purchases is the Deserve Edu Mastercard for Students.

The Deserve Student Card only requires limited credit history, has no annual fee, and comes with a free 1-year Amazon Prime Student membership. Paired with Prime Student’s 6-month free trial, that’s a year and a half of free Amazon Prime. The card also offers 1% cash back on all purchases.

The easiest credit cards for students to get are student credit cards for applicants with limited or no credit history and secured credit cards, which are available to people with no credit or even bad credit. Since college students tend to have higher incomes in the long term, issuers are willing to extend them better offers than most people without established credit could get. Think of it as an investment in a student’s future financial needs, which could prove quite profitable for a bank that gets in on the ground floor.

The best student credit cards, including Capital One Journey and Bank of America’s student travel rewards card, will be easy to get as long as you’re enrolled in school and have at least a small income as well as a credit score that’s anything but bad. In fact, you can get them even if you don’t have a credit score yet because you’ve never had a loan or line of credit before. And if you do have bad credit, a secured card will still be pretty easy to get.

Here are some easy credit cards for students to get:

Journey Student Rewards from Capital One: No annual fee or foreign transaction fee. 1% cash back on all purchases (1.25% when you pay your monthly bill on time). You can get this card with limited credit.

Discover it chrome for Students: No annual fee or foreign transaction fee. 2% cash back on $1,000 spent on gas and dining at restaurants each quarter. 1% everywhere else. 1st year earnings matched. $20 bonus each year your GPA is 3.0+. You can get this card with limited credit.

Bank of America Cash Rewards credit card for Students: No annual fee. 3% foreign transaction fee. $150 bonus when you apply online and spend $500 in the first 90 days. 2% cash back at grocery stores and wholesale clubs, plus 3% on gas (first $2,500 in combined purchases). 1% cash back on all other purchases. You can get this card with limited credit.

Bank of America Travel Rewards credit card for Students: No annual fee or foreign transaction fee. 20,000 points when you apply online and spend $1,000 in the first 90 days. 1.5 points per $1 on all purchases. You can get this card with limited credit.

Capital One Secured Mastercard: No annual fee and no foreign transaction fee. No rewards. Minimum security deposit of $49, $99, or $200. You can get this card with bad credit.

Discover it Secured Card: No annual fee or foreign transaction fee. 2% cash back on $1,000 spent at restaurants and gas stations every three months. 1% on all other purchases. Discover matches all your cash back from the first year. You can get this card with bad credit.

The easiest credit cards for students to get allow young people to begin building credit before entering the real world. If you use your card responsibly and pay your bills on time, you should be able to get a better deal once you graduate. And that’s true whether you’re starting with a student credit card or a secured card.

A student credit card is a credit card branded specifically for use by college and graduate students with limited credit history or better. Student credit cards are easier to get than the average credit card, and they usually have $0 annual fees, rewards equal to at least 1% cash back on purchases, and minimum credit limits of $300 or so. Some student credit cards offer low introductory APRs, but the regular APRs on student credit cards tend to be above average.

Students generally have less credit history and less income than professionals and older adults. But students also come with assumed future earning potential, so credit card companies are more willing to approve a student with no credit history than a non-student newcomer. Student credit cards work just like regular credit cards, however, because they are regular credit cards. They’re just aimed at students.

Student credit cards can help students with fair, limited, or no credit build their credit history. The right student card can also teach responsible credit card habits to people who are new to the game. For example, some give bonus rewards for on-time bill payments and/or good grades.

You’ll need to be at least 18 years old to apply for a student credit card—or any credit card— on your own. If you’re under 21, you’ll need an independent income that the credit card company can verify. Income from even a part-time job will help your approval odds. And of course, you should be a student; you’ll most likely be asked about your school information on the application. Limited or no credit history usually is not an issue with student cards, but if you already have bad credit, you may not get approved. In that case, you may want to aim for a secured credit card, like the Discover it Secured card.

It’s important to remember that student credit cards are definitely real credit cards. Like all unsecured cards, you can get in over your head if you aren’t using it responsibly. And the higher APRs of student cards can be a big extra weight if you carry a balance.

The best international credit card for students is one that is good to use outside of the United States, whether you’re traveling or studying abroad. The best card should have, at the very least, no foreign transaction fee. This way, you will not be charged extra for purchases made in another country.

The card’s global acceptance should also be taken into account. Not all credit cards are accepted everywhere, and cards from some networks are accepted in more countries than others. Mastercard is tops, at 210 countries and territories, followed by Visa (200) and Discover (more than 180). American Express cards can be used in around 160 countries and territories.

It’s also important to note the difference between international credit cards for students and credit cards for international students. They’re basically the same in terms of functionality, but cards for international students aren’t just for U.S. citizens or people with a Social Security number.

Student credit card issuers do have different requirements. Some cards may require an SSN or Individual Taxpayer Identification Number (ITIN). Others may accept just a student ID and/or a passport.

College students should have credit cards because it is the best way to begin building credit history. Simply owning a credit card account and keeping it in good standing can allow a student to go from having no credit at the start of college to fair credit or even good credit by graduation. As a result, responsible credit card use will give students a leg up when they enter the real world. Without a strong credit profile, students may have a difficult time renting an apartment, getting a car loan, finding cheap car insurance, and even landing a job.

Despite cautionary tales of student spending run amok, nearly half of all parents agree that college students should have their own credit cards. Roughly 40% of parents say young people should get their first credit card between the ages of 18 and 20, according to a WalletHub survey, while 7% say it’s good to have a card even earlier.

It’s actually a myth that college students can’t get credit cards. To qualify, you have to be at least 18 years old and demonstrate the ability to afford monthly bill payments. More specifically, anyone between the ages of 18 and 21 must prove their ability to independently pay back debt before they can own a credit card, per the Credit CARD Act of 2009.Or, an applicant may have a co-signer who is at least 21 years old. The cosigner would be financially liable for the account. Most credit card companies don’t allow co-signers anymore, though.

At the very least, college students should have a credit card as an authorized user on a parent’s account. You can build credit as an authorized user while the primary cardholder is responsible for making payments. The primary cardholder can also monitor the account. If there’s any sign of reckless card use, they can remove the authorized user at any time.

Missing payments and racking up debt are the biggest reasons people say not to get a credit card as a college student. But there are easy ways to minimize the risk while still reaping all the benefits. For example, you’ll be less likely to miss any due dates if you set up automatic payments from a bank account. You could also pay any annual fee the card may have and then lock the card away somewhere safe – to resist the temptation to overspend. You’ll still build credit that way.

Finally, it’s worth noting that if you wait until after college to get a credit card, you could be costing yourself when it comes it annual fees and rewards. Credit cards for college students tend to be a lot more attractive than other credit cards for people with limited or no credit.

Bank of America has three student credit cards: The Cash Rewards, Travel Rewards and BankAmerica cards for students. Its requirements are that you must be a student, at least 18 years old, and a U.S. citizen. A valid Social Security Number is required to verify citizenship. You must also consent to letting Bank of America obtain a copy of your credit report and your employment history.

While all three Bank of America student credit cards have the same requirements, each offers its own unique package of perks and benefits. The drawback is that you’ll start out with a high interest rate and a low credit limit. Bank of America does not charge an annual fee for its student cards.

The student Cash Rewards card offers a $200 cash bonus when you spend at least $500 in the first 90 days, and 2% cash back on grocery store and wholesale club purchases. The Travel Rewards card earns you 25,000 bonus points (worth a $250 travel credit) when you spend $1,000 in the first 90 days, and 1.5% cash back on all purchases. The BankAmericard for Students has a 0% APR for 15 months on purchases and balance transfers.

For the age requirement, If you are under 21 years old, there are additional mandates that must be met under the Credit CARD Act of 2009. The law requires that you either provide proof of income sufficient enough to make at least the minimum payment due each month, or have an adult 21 years or older co-sign the application for you. If you are a student 21 or older, you will still need to provide proof of income and provide all sources of that income.

To meet the student requirement, you should have a valid Student ID and an active college e-mail address. A physical address, not a P.O. Box, is also required. If you’re living in a dorm, you can enter the dorm’s street address on the application, but you’ll need to include a campus box number.

Student credit cards are fairly easy to get, as they are targeted to students with limited or no credit. You’ll likely qualify for a student card when you wouldn’t normally be approved for a general credit card, and you’ll be well on your way to building a positive credit profile. However, if there are negative entries on your credit card such as delinquent payments or defaults on credit accounts, you’re not likely to be approved.

There are no high limit unsecured student credit cards. Typically, student credit cards have much lower credit limits than other credit cards, most carrying minimum credit limits of $300 or so.

One of the best student credit cards is the Bank of America Travel Rewards Credit Card for Students, with its 25,000-point initial bonus for spending $1,000 within 90 days of account opening, redeemable for $250 in travel expenses. It also provides 3 points for every $1 in purchases made through the Bank of America's Travel Center as well as 1.5 points per $1 spent on all other purchases. This card charges neither an annual fee nor a foreign transaction fee.

With this said, while your card might have a credit limit of, say, $1,500, it's wise to keep your balance under 30% of your limit to maintain a good credit utilization ratio and protect your score.

The best secured credit card for students is Discover it Secured, as it adds 1%-2% cash back rewards on top of no annual or foreign transaction fees. There aren’t any secured cards that are specifically for students, but students can definitely qualify for any of them. Secured cards are best for students with bad credit or those under the age of 21 who don’t have independent income. Students with limited or no credit history can get unsecured student credit cards with much better terms, as long as they have a bit of their own money saved up. Capital One Journey Student Rewards and Discover it Chrome for Students are two of the best options.

Here are the best secured credit cards for students:

Best for everyday rewards: Discover it Secured2% cash back on $1,000 spent per quarter at restaurants and gas stations. 1% back on everything else. Double rewards the first year. Minimum deposit of $200. No annual fee and no foreign transaction fees.

Best for students tight on cash: Capital One Secured MastercardNo rewards. Minimum deposit of $49, $99, or $200 depending on your credit. $200 limit. No annual fee and no foreign transaction fees.

Best for study abroad & spring break: AeroMexico Secured Visa3,500 bonus miles and a companion certificate for using your card once. 2 miles per $1 spent on gas and groceries (1 point per $1 on everything else). Companion certificate each account anniversary. Free baggage on AeroMexico flights. $300 minimum deposit. $25 annual fee.

If you’re a student with bad credit, a secured card is right for you. But if you have limited credit or better, there are plenty of unsecured student credit cards you can get that will pay you, rather than the other way around.

The Chase student credit card limit has not been made public, but the Chase Freedom and Chase Freedom Unlimited credit cards have limits of $500 or more. It's possible that the Chase Freedom Student card limit starts at the same level, though a Chase spokesperson has noted the card will have a "low credit limit." And cardholders who make 5 on-time payments in the first 10 months will be rewarded with an automatic credit limit increase, which is good news for students, though the terms stipulate that an actual payment must be made (i.e. you can't simply not use the card and qualify for a limit increase).

The Chase Freedom Student card is the only student credit card currently offered by Chase. It comes with no annual fee, a $20 annual credit for keeping the account in good standing, 1% cash back on all purchases, a low regular APR, and a $50 signup bonus. To apply for this card, you'll have to visit a Chase branch in person.

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We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.

† Approval Odds are WalletHub estimates intended to gauge your likelihood of approval for a particular product. Approval Odds are based on WalletHub data and are not provided or endorsed by the lender. Approval Odds are not meant to imply or guarantee that you will be approved by the lender or that credit will be extended.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any issuer.